Based on THL (NZ) closing price of $2.74, ATL shares would be worth $0.69 after current FX difference (if the merger took place now).
This equates to a 30% discount on ATLs closing price of $0.53.
Panic selling creates great opportunities to buy.
Glad I topped up today.
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- Ann: Proposed merger with Tourism Holdings Limited
Ann: Proposed merger with Tourism Holdings Limited, page-29
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